My Income is less than $40,000 and my husband's education expenses are nearly $40,000. Why didn't I get the full $2000 deduction for the Lifetime Learning Credit?

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My Income is less than $40,000 and my husband's education expenses are nearly $40,000. Why didn't I get the full $2000 deduction for the Lifetime Learning Credit?

The LLC is a nonrefundable credit. It can lower your taxes due to zero, but that's as far as it goes.

https://www.irs.gov/credits-deductions/individuals/llc

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My Income is less than $40,000 and my husband's education expenses are nearly $40,000. Why didn't I get the full $2000 deduction for the Lifetime Learning Credit?

Any other income? Scholarships or grants?

My Income is less than $40,000 and my husband's education expenses are nearly $40,000. Why didn't I get the full $2000 deduction for the Lifetime Learning Credit?

No

My Income is less than $40,000 and my husband's education expenses are nearly $40,000. Why didn't I get the full $2000 deduction for the Lifetime Learning Credit?

The LLC is a nonrefundable credit. It can lower your taxes due to zero, but that's as far as it goes.

https://www.irs.gov/credits-deductions/individuals/llc

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